Price: 1,850.00 - SOLD - 9/04/2013* Free Shipping and Insurance for coins at $10K or above.
1889-CC Silver Dollar - 1889-CC $1 PCGS VF30. This 1889-CC Morgan Dollar has excellent, light blue-gray toning on the obverse with a tan and white reverse. These colors show the coins originality. While lightly circulated, more than two-thirds of the hairlines from the top of Libertys forehead to her ear show very plainly, and the hair above her forehead is also well defined; her ear is sharp. In addition to being original, the surfaces are virtually mark-free. There are no abrasions visible without the aid of magnification or other distractions, which is very unusual for a coin of this grade.
George T. Morgan designed the Morgan silver dollar, which was issued every year from 1878 to 1904 and then again in 1921. Hundreds of millions of Morgan silver dollars were saved in bags of 1,000 each, in bank vaults because the federal government created artificial demand for them to satisfy the Western silver interests. Some were melted in 1918, but large quantities remained in bank vaults and were later bought by investors and collectors. Because many millions of Morgan silver dollars exist today in the hands of the public, it has become the most widely collected coin of its era.
Morgans design for the dollar shows a close head of Liberty in profile facing left. She wears a headband inscribed LIBERTY. In her hair are cotton, corn, wheat, and tobacco. She wears a modified Phrygian cap and is surrounded with the motto E PLURIBUS UNUM, thirteen stars (seven left and six right), and the date. The reverse shows an eagle with wings raised looking left. In its talons are arrows and olive branch, symbols of preparedness and peace. A wreath is below and the motto IN GOD WE TRUST is above. Except for the eagles wing tips, UNITED STATES OF AMERICA and ONE DOLLAR circumscribe the design. The mintmark is below the wreath and above the denomination.
When first discovered, gold and silver found in Nevada had to be shipped over the Sierra Nevada Mountains to the branch mint in San Francisco. This trip was dangerous and expensive. The Nevada mine owners asked Congress to establish a branch of the mint in their state, and legislation was enacted in 1863. Carson City was chosen as the location for the mint facility because it was near some of the major mining sites.
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